Schedules of liabilities and assets to be filed.

Miss. Code Ann. § 85-1-3

in effect

With every general assignment there shall be filed, unless the data all appear on its face, at least two (2) schedules. One of them, a schedule of liabilities, must set forth, so far as known to the assignor: The name of each of his creditors; The post-office address of each of them; The sum due each; How each debt is evidenced; The amount of interest each debt bears, and if in any way the debt is usurious, the facts must be stated; The consideration for each debt; and in case of renewals the history of the transaction must be traced to the original consideration; and What security, if any, each creditor has. The other, a schedule of assets, must describe the property conveyed, and give its location and value. Both schedules-and if the data be in the face of the deed, then the assignment-must be under the oath of the assignor avowing the truthfulness of the matters of fact stated. A general assignment which does not comply with this section shall be void as to all preferences contained in it.

Source: Public.Resource.Org MS CodeURL: https://unicourt.github.io/cic-code-ms/transforms/ms/ocms/r78/gov.ms.code.title.85.htmlFetched: 6/10/2026